Uploaded on Sep 25, 2020
The cost of fantasy sports software development depends on many factors. Check out complete details regarding cost and features of Fantasy sports software development.
Fantasy Football Soccer App Development Cost and Key Features
FANTASY FOOTBALL
SOCCER APP
DEVELOPMENT
COST AND KEY
FEATURES
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Understanding The Business Model Of Fantasy Football
Fantasy football application development fetches money by charging
the users a fixed amount in the form of an entry fee when they join a
contest.
Out of the entire fee charged by the app, 20% gets deducted as the
commission while the remaining 80% gets distributed among the
winners of the match.
If there are 50 users for instance and the entry fee per user is 500,
the total fee would sum out to be 50*500= 25, 000.
5000 which is 20% of 25000 is added to the revenue of the app while
the rest is distributed amongst the league winners.
There are also in-app purchases and advertisement on your fantasy
football app that can fetch you money
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How Do The Fantasy Football Sports Application Works?
The workflow of the fantasy football sports application can be divided
into the following steps:
The users complete the registration by filling the signup form or
linking their social media accounts such as Facebook, Gmail, etc. to
complete the registration process.
The users can either register as a fresh start or do so via a referral
code-shared by friends or family.
To start playing, the user is supposed to enter the league by paying
a token amount for participation. The cash prizes, as mentioned
before, are distributed amongst the winners.
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After joining the league, the user needs to draft a football
team. Amongst the most prominent ways of drafting a
team includes Serpentine, Auction based and Offline
drafting.
To build a team, each user has a set budget. The user
selects the players (each having a distinct price tag) within
the specified budget.
No further modifications are allowed, post the finalization of
the team. The dashboard indicates the performance of the
team easily.
Once the match is completed, reward points are distributed
amongst the players depending upon their performance.
The user with the highest team points wins the league.
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How Much Does It Cost To Develop A Fantasy Football
Application Development?
Daily Fantasy Football App Development likeNFLhas a global
business model. Fantasy football app development costdepends on
the following factors:
The platform where the app is being developed (Android, Web,
Wearable devices, iOS, etc.)
The complexity and features of the app
Front and back end development
UI/UX development
Number of hours invested
Third-party API integration
Development team size and location
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The US/UK-based developers usually charge around $70-$250
per hour. The price charged by Eastern Europe based
developers can range from $50-$150 per hour. Compared to
the two, the developers in India offer the most reasonable
price which is $20-$70 per hour. On average, the overall cost
of fantasy soccer software and app development can be
around $35,000-$50,000. The prices may vary and increase
depending on the number of features incorporated.
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Features For Admin User:
Fantasy Soccer Mobile App: Key Features
Some of the prominent ones include:
Home Screen
This is the landing page that first appears when a user logs
into the app. It offers info about the on-going football
matches and live updates of the teams playing.
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Leader Board
This important feature offers player info on a dedicated leader
board per player. This lets the users choose players and form
his/her team.
User Profile
It reflects all the info related to the user such as user’s team,
leagues collected, league participation, and other important data.
Player Information
As the name suggests, this section allows the users to obtain
detailed information about each soccer player.
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Create League
This lets the users create their leagues, authorize point
distribution for different scores and penalties, define the
number of participants etc.
Join League
Global as well as private leagues can be joined via this
feature. It lets the user watch how the team fares in major
tournaments.
Reward Points
Rewards and prizes can be won by the users by buying
reward coins. This gives special abilities to make the game
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better and beneficial.
Live Scoreboard
Detailed live scoreboards help create an exciting experience to the user.
E-Wallets
It assists in the purchase of reward points from in-app purchases and
also aids in secure, swift and seamless transfer of credits earned.
Follow Friends And Group Chat
Friends and relatives can be invited to play along by the users via this
feature.
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Salient Admin Features
Dedicated Dashboard
This reflects info about user statistics.
Manage Bank Transactions
It gives the admin control over the approvals related to monetary
transactions initiated by users for bank transfers.
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Total Earnings
This feature lets the admin calculate the activity of the fantasy soccer
app.
Real-Time Activities
It imparts surveillance proficiency to the admin and also allows him to
check user behavioural patterns.
Manage Leagues
It gives the admins the power to manage and oversee the activity in
their created leagues.
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Other important features include managing users, reward point
management, content management system (CMS) and customer
relationship management (CRM).
Conclusion
Fantasy Sports app development requires great experience,
expertise, and know-how. An expert can comprehend the mind-set
of the target audience to make it successful in the long run. Hiring
a professional mobile app development company can help you
accomplish your purpose to convert your idea into a business-
driven app.
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THANK
YOU
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